MVB Financial Corp expected to post earnings of 57  cents a share - Earnings Preview

MVB Financial

28/07/2023 13:14

* MVB Financial Corp  MVBF.OQ   MVBF.O  is expected to show
a rise
in quarterly revenue when it reports  results 
    * The Fairmont West Virginia-based  company is expected to
report 
a 8.1% increase in revenue to $41.125 million from $38.04
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MVB Financial Corp
is for
earnings of 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 12.8%
in the last three months. ​
    * Wall Street's median 12-month price target for MVB
Financial
Corp is $22​, below​ its last closing price of $25.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.57        0.58                         
 Mar. 31 2023  0.64        0.63       0.87      Beat    38.1
 Dec. 31 2022  0.51        0.51       0.50      Missed  -2.6​
 Sep. 30 2022  0.48        0.48       0.21      Missed  -56.2
 ​​Jun.        0.34        0.33       0.23      Missed  -31
 30 2022                                                
 Mar. 31 2022  0.36        0.35       0.22      Missed  -37.1​
 Dec. 31 2021  0.30        0.30       0.77      Beat    159.5
 Sep. 30 2021  0.64        0.65       0.92      Beat    40.8
 This summary was machine generated July 28 at 12:14 GMT.  All
figures in US dollars  unless otherwise stated